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Hubert: $25 gift for credit card
December 3, 2018
9:26 am
rhvic
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Just got this email from Hubert:
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This December, we want to give you $25. Simply apply for a Hubert Mastercard® before December 21 and we'll give you a $25 account credit*. No promo code required.
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Info on their web site.

December 3, 2018
10:06 am
Retep
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The no fee card only gives rewards.

If it does not have no foreign exchange fees or cash back in the true sense of cash it is just not a competitive card to consider.

It is a worth while effort to turn on ALERTS on your Credit Cards and Bank/Credit Union Accounts.

December 3, 2018
3:20 pm
rhvic
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It is still a free $25.

One option: get the card, get the $25, spend the $25, cut the card to pieces.

December 3, 2018
3:34 pm
Winnie
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From Hubert web site:

Click the link below to apply for your Hubert Cash Back Mastercard today or use your Hubert GO app! (Please note, an application will add a hard credit inquiry on your credit bureau).

I don't want "a hard credit inquiry" for the $25 and cut the card to pieces only option available.

December 3, 2018
3:40 pm
Retep
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Yes that is kind of what I thought. If you apply for a credit card and then cancel it....does that action not have a negative impact on your credit rating? And since I am a Hubert customer I would not want that on my records either...just because I think it is wrong to do. If it does not suit your needs then find or wait for a better offer.

It is a worth while effort to turn on ALERTS on your Credit Cards and Bank/Credit Union Accounts.

December 3, 2018
5:43 pm
SavingIsGood
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Retep said
Yes that is kind of what I thought. If you apply for a credit card and then cancel it....does that action not have a negative impact on your credit rating? And since I am a Hubert customer I would not want that on my records either...just because I think it is wrong to do. If it does not suit your needs then find or wait for a better offer.  

Of course it does impact on your credit history and your relationship with Hubert.

Only stupid morons will sell themselves for $25.

December 4, 2018
3:25 pm
Save2Retire@55
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I always apply for Credit Cards with a very good promotion. Last two I got 30000 Aeroplan on one and $300 on the other. Then cancelled both before yearly renewal.

$25 isn't worth the hassle.

December 4, 2018
6:37 pm
Rick
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Save2Retire@55 said
I always apply for Credit Cards with a very good promotion. Last two I got 30000 Aeroplan on one and $300 on the other. Then cancelled both before yearly renewal.

$25 isn't worth the hassle.  

Good deal. Sounds worth it to me. I got 250 westjet miles for signing up then another 50 when I converted to low fee card before the annual fee was due. Is $300 worth it?

December 5, 2018
9:40 am
Save2Retire@55
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Of course $300 worth it. The hit on the score is actually negligible and recovers in couple months so who cares.

December 16, 2018
8:57 am
Nehpets
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It should be noted that, as stated on the Hubert website:

The Hubert Mastercard is issued by Collabria Financial Services Inc.

While I am a fan and a client of Hubert, I am not a fan of Collabria, based on my experience with a Meridian credit card I had, and subsequently cancelled last summer.

Collabria customer service leaves a great deal to be desired, requiring long wait times ( à la Tangerine..but I digress) and ultimately speaking to poorly trained / informed CSR's.

I don't know what the payment procedure for a Hubert Mastercard would be, but the Visa administered by Collabria for Meridian requires a complicated and impractical payment process with no pre-authorized debit option requiring a monthly obligation to actively make a payment....not practical for anyone who travels or otherwise has a life.

The most egregious part of the Collabria process is that they, in turn, farm out the administration of the rewards program to yet another third party company, located in the U.S. Rewards administration requires another login procedure, independent of Collabria.

The deal closer for me was that rewards would only be redeemed after a 45 day waiting period, or two billing cycles.

This is a policy that is offensive and contrary to any other rewards credit card that I have ever held, in Canada or in the U.S., where rewards are paid immediately on redemption.

As stated, I don't know how the Hubert MC is administered by Collabria, but anyone considering it, should be aware of Collabria hoops and obstacles, by asking questions about these hidden traps.

Stephen

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